Nkome Nfa Group

Robert is the featured borrower of this group of entrepreneurs. Born 43 years ago in Accra city, Robert is married and has two children. His wife, Alice, is a businesswoman and his children are attending school.

Robert has been a businessman for 10 years now. He is currently selling soft drinks. Robert will use his share of the loan (GHS 1,000) to expand his business; he will buy 10 cartons of soft drinks and sell to customers.

This is the fifth loan that Robert and Joyce have applied for loan from ID-Ghana/Kiva lenders. With the help of this loan, they will be able to expand their respective businesses, make more sales and consequently improve their living conditions.

Additional Information

About ID Ghana

ID Ghana is a microfinance NGO that provides financial and social services to underserved urban communities in Accra. ID Ghana’s socially-oriented business model provides clients with a number of social services, including financial literacy training, group discussions led by peer educators on health and nutrition education, child schooling, basic medical services, and counseling and legal services for women victims of violence.

This is a Group Loan

In a group loan, each member of the group receives an individual loan but is part of a larger group of individuals. The group is there to provide support to the members and to provide a system of peer pressure, but groups may or may not be formally bound by a group guarantee. In cases where there is a group guarantee, members of the group are responsible for paying back the loans of their fellow group members in the case of delinquency or default.

Kiva's Field Partners typically feature one borrower from a group. The loan description, sector, and other attributes for a group loan profile are determined by the featured borrower's loan. The other members of the group are not required to use their loans for the same purpose.